Energy boss tells MPs that avoidance is because of 'simple UK accounting rule'
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Friday 02 May 2008
A row over the Government's ambitious renewable energy targets erupted yesterday after Royal Dutch Shell pulled out of the London Array, the world's largest proposed offshore wind farm. Environmental groups and politicians criticised Shell for its decision to put its one-third stake in the £2bn project, which is projected to generate 1gw of emission-free energy – enough to power a quarter of London households – up for sale.
Tuesday 22 April 2008
Thursday 10 April 2008
Senior energy executives have called on ministers to come clean about the costs of the Government's ambitious plans for a green energy revolution.
Monday 07 April 2008
*The energy giant E.ON has unveiled plans to build one of the biggest wind farms in Britain, saying it wants a swift resolution to an objection from the Ministry of Defence.
Friday 04 April 2008
The Press Association's political editor Jon Smith – who was injured in a road accident involving No 10 staff, journalists and a Bucharest bus driver – could count himself lucky, given the reported fate of some of the city's Dracula-esque stray dogs, a 30,000-strong infestation.
Tuesday 01 April 2008
Environment campaigners said the Government suffered a "major blow" yesterday after the energy giant E.ON argued that a decision on whether it should build Britain's first coal-fired power station since 1984 should be delayed until later in the year.
Monday 24 March 2008
Plans to build Britain's first coal-fired power station since 1984 have led to a cabinet split amid concerns that the project would undermine efforts to cut carbon emissions.
Tuesday 11 March 2008
A Labour MP has demanded a public inquiry into the "very, very close co-operation" between the Government and the company planning to build Britain's first coal-fired power station for more than 20 years.
Monday 10 March 2008
Coal is easily the most carbon-intensive and polluting form of energy generation available. As a society, we ought to be moving in the very opposite direction for ourenergy needs, towards conservation and renewables. It is inconceivable that a government serious about cutting carbon emissions would give the go-ahead for a new generation of coal-fired power stations to be built. Yet this is precisely what the Business Secretary, John Hutton, will come perilously close to doing in a speech today. Mr Hutton isexpected to hint strongly that government approval is to be granted for a new coal-fired power station at Kingsnorth, Kent.
Friday 29 February 2008
E.ON sent shockwaves through the European power industry yesterday when it became the first major continental power company to propose a break-up of major parts of its network, handing a victory to the European Commission in its efforts to break the stranglehold the Continent's dominant players have on the market.
Saturday 23 February 2008
Fresh concern over the prices charged by energy companies was aroused yesterday when nPower, the country's fourth biggest supplier, announced a 41 per cent leap in profits.
Friday 22 February 2008
Thursday 21 February 2008
British Gas, the country's biggest energy supplier, announced a 500 per cent rise in profits today, outraging campaigners who claim householders are being ripped off.
Friday 08 February 2008
E.ON, Britain's third largest energy provider, yesterday became the latest company to announce significant increases in its bills. E.ON said it would put up prices for gas by 15 per cent and electricity by 9.7 per cent, with immediate effect.
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